Glencore, BHP Billiton, Anglo American share price: Miners suffer as iron ore falls to fresh 10-year low December 4, 2015 Iron ore prices fell to a fresh 10-year low today, amid concerns falling demand from its biggest consumer would add to a global glut in the steelmaking raw material. It came after industry consultancy Custeel said more steel mills in China's Shanxi province have halted production due to shrinking demand and shortage of cash. Spot iron ore prices fell to [...]
FTSE 100 index opens down after dovish ECB decision, led lower on tourism stocks December 4, 2015 The FTSE 100 index opened lower today, still digesting the more-dovish-than-expected decisions by the European Central Bank that left markets disappointed. The UK's top blue-chip index opened 0.45 per cent down at 6,248 points. The FTSE 100 was led lower by Whitbread, which fell 2.51 per cent to 4,587.5p per share, after it bucked yesterday's trend [...]
FTSE falters as Draghi drags on Europe markets – London Report December 4, 2015 THE FTSE 100 index closed lower yesterday, alongside other European indices, after the European Central Bank’s (ECB) measures disappointed markets. The index closed down 2.27 per cent, at 6,275 points, while the German Dax ended 3.58 per cent lower at 10,789.24 points and France’s Cac 40 also finished 3.58 per cent down at 4,730.21 points. [...]
At the close: FTSE 100 closes down after the European Central Bank is more dovish than expected December 3, 2015 The FTSE 100 index closed lower on Thursday, alongside other European indices, after the European Central Bank's (ECB) measures disappointed markets. The index closed 2.27 per cent down, at 6,275 points, while the German Dax ended 3.58 per cent lower at 10,789 points and France's CAC 40 shut 3.58 per cent down at 4,730 points. The [...]
Return of the dividend: Growth might be muted in the UK, but foreign firms are paying out December 2, 2015 The UK has a very good track record when it comes to companies paying dividends. Businesses understand the importance of looking after shareholders, who in turn understand the value of either reinvesting those dividends (which account for two-thirds of total returns over the very long term) or using them to supplement an income. So it’s [...]
At the close: FTSE 100 index closes down on Aberdeen Asset Management and BHP Billiton November 30, 2015 The FTSE 100 index closed down today, led lower by Aberdeen Asset Management and BHP Billiton. The UK's top blue-chip index ended Monday's session 0.3 per cent down, at 6,356 points. Aberdeen Asset Management's share price fell 4.6 per cent to 319.4p after having reported a 12.5 per cent fall in assets under management. The [...]
At the close: FTSE 100 index closes lower on miners November 27, 2015 The FTSE 100 closed down today, led lower by miners after having made gains yesterday. The UK's top blue-chip index closed 0.28 per cent down, at 6,375 points, led lower by Anglo American and Glencore, after negative data from China was released showing that Chinese industrial profits fell 4.6 per cent in October. Miners, other than BHP Billiton, yesterday led [...]
The FTSE’s best two day run since October – London Report November 27, 2015 THE FTSE 100 closed higher yesterday evening as miners made gains, despite BHP Billiton sliding. The UK’s top blue-chip index closed 0.88 per cent up, at 6,393 points, following the 0.96 per cent gain on Wednesday on the back of the chancellor’s Autumn Statement that sent housebuilders’ stocks higher. Glencore led the pack, closing 5.85 per [...]
FTSE 100 opens down as miners retreat November 27, 2015 The FTSE 100 opened down today, led lower by miners who yesterday made gains. The UK's top blue-chip index opened 0.59 per cent down, at 6,355 points, led lower by Anglo American and Glencore. Miners, other than BHP Billiton, yesterday led the index higher, but have today been largely falling. Anglo American opened 3.37 per [...]
At the close: FTSE 100 enjoys best two back-to-back days since October as it closes higher as miners make gains November 26, 2015 The FTSE 100 closed higher today as miners made gains, despite BHP Billiton sliding. The UK's top blue-chip index closed 0.88 per cent up, at 6,393 points, following the 0.96 per cent gain yesterday on the back of the chancellor's budget plans that sent housebuilders' stocks higher. Glencore led the pack, closing 5.85 per cent up at 95.88p per [...]